DDC Enterprise Ltd. has announced its financial results for 2024, reporting a significant year-over-year increase in revenue, which grew by 33% to USD 37.4 million. This growth was attributed to the strategic acquisition of U.S. brands and the sustained resilience of its core operations in China. The company's gross profit margin improved from 25.0% in 2023 to 28.4%, reflecting stringent supply chain optimization and cost discipline. The adjusted EBITDA loss narrowed to USD 3.5 million; excluding non-recurring expenses, the loss was USD 2 million. The China business segment generated positive EBITDA for the full year. Shareholders' equity increased by 33% to USD 11.3 million, supported by debt conversion and equity issuances, with cash, cash equivalents, and short-term investments estimated at USD 23.6 million as of March 31, 2025. Looking ahead, DDC Enterprise Ltd. is poised to achieve positive adjusted EBITDA in 2025, driven by strategic initiatives, including the China Joint Venture (JV) partnership. This JV is projected to contribute USD 3 million in annual net profit each year over the next five years. Additionally, the company has unveiled a pioneering Bitcoin accumulation strategy aimed at redefining long-term value creation.
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